23rd June 2025, Kathmandu
Muktinath Bikas Bank is making homeownership easier for Nepali citizens. The bank now offers a housing loan of up to NPR 2 Crores to support customers looking to buy land or a house, build a new residence, or renovate their existing property. With competitive interest rates and a clear process, the bank is making housing finance more accessible and affordable.
Muktinath Bikas Housing Loan
The Muktinath Bank Housing Loan is tailored for individuals who want to buy land or a residential building. Customers can also use the loan to construct a new house or renovate their existing home. This flexibility makes the loan suitable for both first-time buyers and long-term homeowners looking to upgrade.
The maximum loan amount offered is NPR 2 Crores. The actual approved limit depends on the customer’s income, documentation, and the purpose of the loan. Whether it’s a small home renovation or a large-scale house construction, Muktinath Bank provides financial support with personalized service.
Attractive Interest Rate
One of the most attractive features of this housing loan is the interest rate. The rate is calculated based on the bank’s base rate plus up to 4.00% premium per annum. This ensures customers receive a competitive rate while enjoying the reliability of a regulated financial institution. The rate structure is flexible and varies depending on the applicant’s financial background and loan term.
Eligibility And Required Documents
To qualify for the housing loan, customers must submit several documents for verification. These include:
Passport-sized photographs of the applicant
Applicant’s citizenship certificate
Certified proof of income
Citizenship certificates and photos of guarantors
Purchase agreement or land/building ownership documents
Lal Purja (Land Ownership Certificate)
Blueprints and approved construction map
Malpot receipt and Char Killa (Four Boundary Certificate)
Building construction permission from the local authority (if needed)
Each document plays a crucial role in verifying the applicant’s identity, ownership, income source, and construction intent. This also helps the bank process the loan faster and more transparently.
Usage Of The Loan
The loan can be used in multiple ways. Customers can buy a plot of land for future residential development. Others may purchase an already built home. Many use it to construct a house from the ground up. Some prefer to renovate or upgrade their existing home. Muktinath Bank allows all of these purposes under one loan scheme, making it versatile and practical.
Transparent Fee Structure
Muktinath Bank keeps the loan processing charges transparent. An administrative fee of 1% is applicable on the approved loan amount. Additionally, the bank charges a CIC (Credit Information Center) fee for credit history verification.
NPR 282.50 per inquiry for a No Transaction Report
NPR 621.50 per inquiry for a Transaction Report
These charges are minimal and ensure the bank follows responsible lending practices by checking the applicant’s financial background thoroughly.
Trusted Banking Experience
Muktinath Bikas Bank is known for its reliable general banking services. Its housing loan product is an extension of its mission to empower citizens financially. With accessible banking hours, an expanding ATM network, and useful online tools like loan calculators and interest rate updates, the bank ensures convenience at every step.
Customers can also get information on currency exchange rates, nearby branches, and FAQs related to their loan. The bank’s commitment to transparency and customer support makes it one of the preferred choices for housing finance in Nepal.
Long-Term Impact On Communities
The housing loan does more than help people build homes. It helps improve living standards and encourages planned development. When people invest in building or renovating their homes, local employment increases, and the demand for construction services rises. In the long run, such loans contribute to the national economy and help families achieve financial stability.
Awards And Recognition
Muktinath Bank has been recognized for its excellence in financial services. Its innovation in retail banking and inclusive lending practices have earned the bank several awards. The housing loan is one of its flagship offerings, showing the bank’s focus on customer-centric and impact-driven solutions.
How To Apply?
Customers can apply by visiting the nearest Muktinath Bank branch. They can also start the process online through the bank’s official website. A dedicated team guides applicants throughout the journey—from document collection to loan approval and disbursal.
For those ready to build their dream home or purchase residential property, this loan provides the right financial foundation.
Conclusion
Muktinath Bank’s Housing Loan is a reliable and flexible financing option for Nepali citizens. With loan amounts up to NPR 2 Crores, competitive interest rates, clear requirements, and a simple process, the loan is designed to help families across Nepal fulfill their dream of homeownership.
For more:- Muktinath Bikas Housing Loan